News
Rates change all the time. Keep up to date with the latest activity so you can manage your mortgage and pay-it-off faster.
Spotlight on non-bank fees
A new transparency report from the Commerce Commission has highlighted some of the excessive “establishment fees” charged by New Zealand’s non-bank mortgage lenders.
Regulators comb through bank responses
Some banks have not yet begun to fully embed conduct risk, governance or oversight into their operations, the Reserve Bank of New Zealand (RBNZ) and the Financial Markets Authority (FMA) say.
FMA and RBNZ: No Royal Commission needed yet
Regulators have not yet found evidence of the sort of widespread, systemic issues that would warrant a Royal Commission of Inquiry into New Zealand's financial services sector - but they are warning that could change.
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New Zealand
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New Zealand
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